KepReit's S'pore assets fully leased

KEPPEL Reit has achieved full occupancy at its five Singapore properties, after Ocean Financial Centre (OFC) became fully leased.

The manager for the commercial real estate investment trust, Keppel Reit Management, said yesterday that both the office and the newly completed retail space at OFC have been completely taken up.

Said Ng Hsueh Ling, CEO of the Reit manager: "We have steadily signed on tenants to achieve full occupancy, from approximately 80 per cent when we acquired Ocean Financial Centre in December 2011."